Liberty Media Corporation Series C Liberty Formula One Common Stock (FWONK)
Liberty Media Corporation Series C Liberty Formula One (FWONK) is a media and entertainment company that owns and manages the rights to the Formula One racing series. It operates as part of Liberty Media’s broader portfolio, focusing on global motorsport events, broadcasting rights, and related media activities, emphasizing its role in the premier international motorsport competition.
Company News
Goldman Sachs initiated coverage on Liberty Media's Formula 1 with a Buy rating, projecting 17% upside potential. The analysis highlights F1's strong revenue growth, MotoGP expansion, and significant capital return opportunities through strategic media and sponsorship developments.
Here is how Liberty Media Corporation - Liberty Formula One Series C (FWONK) and Hasbro (HAS) have performed compared to their sector so far this year.
Berkshire Hathaway's stock portfolio sees an 11% increase in Q4 2023, with Apple, Bank of America, and American Express leading the top positions. Explore more here.
Formula 1's popularity may just be getting started and that may make it an interesting investment opportunity.
Chicago has agreed to let NASCAR hold a race through its downtown streets, part of a 3-year deal, the city confirms.
